What is The Fibonacci Betting System?
Leonardo Pisano Bigolloalso known as Fibonacci, was a mathematician who came up with a sequence that can be applied in real-life situations to cover previous losses. According to this Fibonacci sequence, every new number equals the total of the previous two numbers. In betting, it is a progressive betting system where you increase the stakes every time you lose. In gambling, there is a lot of numbers and math, which makes it possible to use this Fibonacci sequence to recover previous losses. This sequence works on the fact that if you win with a higher stake than you had previously lost, what you gain will be enough to cover what you lost.